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201602134
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Last modified
7/23/2017 10:34:58 AM
Creation date
4/11/2016 1:03:07 PM
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DEEDS
Inst Number
201602134
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2� 1 ��2134 <br /> �. �ccupancy,I3�rrower sha��oecupy, es�abli�h, and use th�Pr�perty as Borro�ver's principal residence <br /> within���days a�er�he�xeeut�on of this Security Instcument and shal�con�inue t�occupy the Property as <br /> Borrower's principal residence for at least one y�ar a�er the dat�of accupancy,unless Lender otherwis� <br /> agxees in writing,whicb consent shal�not be unreasoaab�y withheld,or unless extenuating circumstances <br /> exist which are beyond Borrower's control. <br /> �. Preser�atiar�,Maintenar�c�ant�Prote�tion of the Prvperty;Inspections.Borrower sha11 not destroy, <br /> damage or im�air the Prvperty,allow th�T'raperty to deter�orate�r eammi�waste on the Property. V�heth�r <br /> or no�Borrower is residing in the Property,�3orrn�ver shall mainta�n t�e Prop�rty in ord�r to pre�ent the <br /> Property from d��er�orating or decreasing in value due�o its condition. Uniess it is determined pursuant to <br /> Section 5 that repair or r�st�ration is nat economica��y feasible,�orrawer sha��promptly repa�.r the Praperty <br /> if damaged to avoid furth�r deterioratian or damage. If insurance or c�ndemnatian proceeds are paid in <br /> connection.with damage to,ar the taking of,the Propert}�,Borro�ver sha11 be resp�nsible for repairing or <br /> restoring the Property on�y if Lender has r�leased�aroceeds for such purpQses. Lender may d�sburse praceeds <br /> fvr the r�pa�rs and restora�ion in a s�ngle p�yment�r in a ser��s of progress payments as th��ark is <br /> com�aleted. If the insurance ar cander�nation proceeds are nvt suffic�ent to repair ar restore the Propert�, <br /> Borro�ver is not reli�ved of$orrower'��b��gation far the comp�etian of s�ch repair or restoration. <br /> Lender ar it�agent may ma�e reasonable entries upon and inspect�ons of the Property. If it has reasonable <br /> �ause,Lender may in.spect the interior of the improvements on th�Pr�per�y. Lender shai�give Borro�er <br /> no�tice at the t�me of or prior to such an interiar inspe�tion specify�ng such reasonable cause. <br /> S. Sorrower's L�aan Ap�ticatiQn.Borrower sha11 be in def�.ult if, during the Loan application processA <br /> Barrow�r or any persons or�ntities acting a�the d�.r�ction of Borrower or w��h Borrower's kn.ativledge or <br /> consent gave material�y false,misleading,or inaccurate information or statem�nts to Lender(or fai�ed to <br /> prov�de Lend�r with mat�ria�informati�n.�Yn cannectian vvith th�Loan. Ma�erial representat�ons includ�,but <br /> are n�t limited to,r�pres�ntations�oncerning�orrower's ocGupancy of the Property as Borrow�r's principal <br /> residenc�. <br /> 9. Pro#ectionaf Lender's�nter�est�n the Propertyand R��hts Under this Security Instrument.If(a} <br /> Borr��er fa�ls to perform the covenants and agr�emen�s cantained in this Security Instrument, �b}there is a <br /> legal prQcee��ng�hat might s�gnificantly affect L�nder's interest in the Propert�andlor rights unde�'this <br /> Se�urity In�trument�such as a proceeding in�ankruptcyA probate, for condemnation Qr forfeiture, f�r <br /> eaforcement of a�ien which may at�in priority aver this SeGurity�nstrument or to enforce 1aw�or <br /> re�uiations),or(c��3orrower has abandoned the Property,then Lender may do and pay for whatever is <br /> reasonable or appropriate�o protec�Lender's interest�n the Property and rights under this Security <br /> Instrt�ment,in�luding pr�tecting andlar assess�ng�he value of the Proper�y,and secur�ng andlor repairing <br /> the Froperty,Lender's action.s can include,but are not limited to: (a�paying any sums s�cured by a���n <br /> �h�ch has priority�rver th�s Security Instrument;(b�appearing�n court;and(c}paying reasonable attorneys' <br /> fees ta�r�tect its in.terest in t�.e Prv�ert�andlvr rig�.t�und�r this Se�urity Instru�ent,including its secured <br /> posxtion in a bankruptc�proceeding. Secur�ng the Praper�y in�ludes,but is no�Iimit�d�o,ent�ring the <br /> Property to ma�e�ep�irs,chan����c�s,replace or board�up doors and windows,dra�n water�irom}��pes, <br /> e��minate building or other cade violations or dangerous�onditions,and have ut��ities turned on or off. <br /> A�thaugla Lender may�e acti�n un.der this S�ction 9,Ilender does not�av�to do so a�.d is not under any <br /> du�r or ob�igation to do s�.It is agreed that Lender incurs no liabi��ty for not taking any or a11 action� <br /> authari2ed under this Sec�ion 9. <br /> qa 3535067�9 �233 336 �817 <br /> NE9RASKA-Single Family-Fannie MaelFreddie Ma�UNIFQRM IWSTRtJMENT WITH MERS Form 3D28114� <br /> Vfi!{Q C�3 VMP6A�NE}�1342].0� <br /> Wa�ters Kluwer Financiaf 5ervices Page 8 of 97 <br />
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